Business of Luxury
The world’s largest luxury group raked in a revenue of €19.76 billion, representing a growth of 19 per cent compared to the same period in 2021.
As a growing economy with untapped potential, India is presumably the next market that luxury brands are aiming to set foot in.
Installing digital signages in your retail space offers multiple benefits that could enhance the shopper’s experience and overall ambience.
Overall, the group’s half-year performance saw it achieved a 28 per cent growth amounting to €36.7 billion.
As luxury fashion faces the growing pressure of reducing the industry’s environmental impacts, sustainable tech start-ups are seeing a rise in interest from fashion conglomerates and brands alike.
While NFTs and Crypto prices have plummeted, this presents an opportunity to consolidate and reach greater heights in the future.